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Proposed new RTA clause not needed

A proposed change to the Residential Tenancies Act is going to add another layer of enforcement for the Tenancy Tribunal.

Friday, August 25th 2023, 10:15AM

A new section inserted into the RTA will empower the Tenancy Tribunal, in a limited range of circumstances, to order a landlord to use the services of a licensed residential property manager in any subsequent tenancies if they have committed two or more unlawful acts in five years in cases before the tribunal or the District Court.

It has surprised the Property Investors Federation. Vice-president Peter Lewis says he can see the philosophy behind the change, but the federation believes making a landlord use a property manager if they transgress twice in five years is punitive and not effective.

“We think it should be enforced if a landlord commits two unlawful acts within twelve months. It would sort out the really bad landlords.”

He says the federation doesn’t think the new proposed clause is actually necessary. “Quite draconian penalties of up to $6,000 already exist for landlords who do the wrong thing and act badly.

“If this clause is inserted into the Act, despite our protests, it should be two incidents in twelve months, not two incidents in five years.”

He says a landlord can inadvertently transgress twice in five years. “They are usually not intentionally doing the wrong thing, but may have just slipped up in attending to a landlord’s responsibilities.”

Exemptions

The new proposed clause exempts Kainga Ora and registered community housing providers from the penalty.

Lewis is disappointed. “Kainga Ora has a bad reputation for managing tenants who cause problems in its complexes and also for home owners in the vicinity. It seems inequitable that it is exempt.”

“We have many horror stories about bad management from Kainga Ora. The Government frequently makes changes to the country’s laws but exempt its own departments from having to obey them.
He says the original Residential Tenancies Act 1986, included what was then Housing New Zealand. Since then changes to the Act have exempted Kaianga Ora. These days the Government exempts itself from rules that apply to ordinary people and we see no reason why that should be the case, Lewis says.

Tags: Tenancy Tribunal

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Lender Flt 1yr 2yr 3yr
AIA - Back My Build 4.94 - - -
AIA - Go Home Loans 7.49 ▼5.79 ▼5.49 ▼5.59
ANZ 7.39 6.39 6.19 6.19
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 5.79 5.59 5.59
ASB Bank 7.39 ▼5.79 ▼5.49 ▼5.59
ASB Better Homes Top Up - - - 1.00
Avanti Finance ▼7.90 - - -
Basecorp Finance ▼8.35 - - -
BNZ - Classic - 5.99 5.69 5.69
Lender Flt 1yr 2yr 3yr
BNZ - Mortgage One 7.54 - - -
BNZ - Rapid Repay 7.54 - - -
BNZ - Std 7.44 ▼5.79 ▼5.59 5.69
BNZ - TotalMoney 7.54 - - -
CFML 321 Loans 6.20 - - -
CFML Home Loans 6.45 - - -
CFML Prime Loans 8.25 - - -
CFML Standard Loans 9.20 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - ▼5.69 - -
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Owner Occ 6.95 ▼5.79 ▼5.59 5.69
Co-operative Bank - Standard 6.95 ▼6.29 ▼6.09 6.19
Credit Union Auckland 7.70 - - -
First Credit Union Special - ▼5.99 ▼5.89 -
First Credit Union Standard ▼7.69 ▼6.69 ▼6.39 -
Heartland Bank - Online ▼6.99 ▼5.49 ▼5.39 ▼5.45
Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society 8.60 6.65 6.40 -
ICBC 7.49 ▼5.79 ▼5.59 5.59
Kainga Ora 8.39 7.05 6.59 6.49
Kainga Ora - First Home Buyer Special - - - -
Lender Flt 1yr 2yr 3yr
Kiwibank 7.25 6.89 6.59 6.49
Kiwibank - Offset 7.25 - - -
Kiwibank Special 7.25 5.99 5.69 5.69
Liberty 8.59 8.69 8.79 8.94
Nelson Building Society ▼7.94 5.95 6.09 -
Pepper Money Advantage 10.49 - - -
Pepper Money Easy 8.69 - - -
Pepper Money Essential 8.29 - - -
SBS Bank ▼7.49 6.95 6.29 6.29
SBS Bank Special - 6.15 5.69 5.69
SBS Construction lending for FHB - - - -
Lender Flt 1yr 2yr 3yr
SBS FirstHome Combo ▼4.94 5.15 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 9.75 - - -
TSB Bank 8.19 6.49 ▼6.39 ▼6.39
TSB Special 7.39 5.69 ▼5.59 ▼5.59
Unity 7.64 5.99 5.69 -
Unity First Home Buyer special - 5.49 - -
Wairarapa Building Society 8.10 6.05 5.79 -
Westpac 7.39 6.39 6.09 6.19
Westpac Choices Everyday 7.49 - - -
Westpac Offset 7.39 - - -
Lender Flt 1yr 2yr 3yr
Westpac Special - 5.79 5.49 5.59
Median 7.49 5.99 5.79 5.69

Last updated: 5 December 2024 10:06am

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